Byte: Vine co-founder announces new looping video app

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The first publicly traded company to reach a $1 trillion market cap won't be Apple, even it the company busts through in the next day or so. The honor goes to one of China's largest oil companies, and it happened more than 10 years ago.(Photo: Justin Sullivan / Getty Images)

In response to the tweet, one user asked, "is this v2." Hofmann responded, "yes."

Byte has a website where users can enter their email addresses for updates. Byte is also on Twitter and Instagram at @byte_app.

Vine was founded in June 2012 and was acquired by Twitter in October of 2012, before it even launched. Users would upload videos through Vine and share those videos on Twitter, Facebook and other social media.

Twitter discontinued the Vine mobile app in October 2016. It was, at one point, the most-downloaded free app in the Apple App Store. Vine had 200 million active users by December 2015.

Andrew Clark is Facebook editor for IndyStar. Follow him on Twitter @Clarky_Tweets.